General Electric (GE) cleared its consolidation warning generated by our computer system that reads the Twitter stream today (9/12/13) at the close. The consolidation warning was issued on 8/19/13 when the price was 23.85. The stock fell roughly 3.9% before recovering. When a consolidation warning is cleared it suggests that the stock should continue its up trend and most likely make new highs.
Below are charts of the most active stocks on Twitter for the week and month ending 7/23/13. Here’s a chart with the status of the 50 most active stocks on Twitter.
Randgold Resources (GOLD) and silver (SLV) are back on the most bullish stocks on Twitter list (for the past week). For a sustained advance the precious metals will need to make it back to the monthly bullish list. Another interesting point is the bank stocks are floating back to the top of the list. Below are charts with the bullish intensity scores for the most bullish stocks on Twitter for the week ending 7/16/13.
Below are charts with intensity scores for the most bullish stocks on Twitter for the week and month ending 6/18/13. Notice how many technology stocks are in the weekly list.
Below are charts of the bullish intensity scores for the most bullish stocks on Twitter for the week and month ending 6/11/13.
Below are charts of the stocks with the highest bullish intensity on Twitter. We take the top ten from the monthly list on the first Friday of each month to make our Twitter Top 10 Portfolio. On the weekly list we’re seeing consumer staples and health care stocks starting to creep in. If the trend continues it will be just another sign of a rotation to safety. At this point the monthly list still contains a mix of high quality and high flying stocks (as has been the pattern since the first of the year).
Below are charts of the stocks with the highest bullish intensity on Twitter over the last week and month.